Date | Price Target | Rating | Analyst |
---|---|---|---|
4/9/2024 | $10.00 | Buy | B. Riley Securities |
3/8/2024 | $10.00 | Buy | ROTH MKM |
12/5/2023 | $12.00 | Buy | H.C. Wainwright |
10/25/2023 | $11.00 | Buy | Craig Hallum |
SCF Partners, Inc. ("SCF") is pleased to announce its acquisition of the Newpark Fluids Systems business ("NFS"), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE:NR). Newpark Fluids Systems provides a full range of drilling & completion products and related technical services supported by an innovative digital modeling software suite, global supply chain and infrastructure to enhance the efficiency and productivity of our customers' performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240913427560/en/ Newpark Fluid Systems' CEO, David Paterson, commented, "We
Newpark Resources, Inc. (NYSE:NR) ("Newpark" or the "Company") today announced results for the three and six months ended June 30, 2024. SECOND QUARTER 2024 RESULTS (all comparisons versus the prior year period unless otherwise noted) Net income of $8.0 million, or $0.09 per diluted share Adjusted Net Income of $10.4 million, or $0.12 per diluted share Adjusted EBITDA +18% to $23.4 million Adjusted EBITDA margin of 13.1%, +230 basis points Total Debt of $58 million, Net Debt of $23 million and Net Leverage of 0.3x as of June 30, 2024 Second Quarter (In millions) 2024 2023 Change R
THE WOODLANDS, Texas, July 17, 2024 /PRNewswire/ -- Newpark Resources, Inc. (NYSE:NR) ("Newpark" or the "Company") today announced that it will issue second quarter 2024 results after the U.S. markets close on Monday, August 5, 2024. A conference call will be held the following day on Tuesday, August 6, 2024, at 9:30 a.m. ET to review the Company's financial results and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's website at https://investor.n
4 - NEWPARK RESOURCES INC (0000071829) (Issuer)
4 - NEWPARK RESOURCES INC (0000071829) (Issuer)
4 - NEWPARK RESOURCES INC (0000071829) (Issuer)
B. Riley Securities initiated coverage of Newpark Res with a rating of Buy and set a new price target of $10.00
ROTH MKM initiated coverage of Newpark Res with a rating of Buy and set a new price target of $10.00
H.C. Wainwright initiated coverage of Newpark Res with a rating of Buy and set a new price target of $12.00
8-K - NEWPARK RESOURCES INC (0000071829) (Filer)
8-K - NEWPARK RESOURCES INC (0000071829) (Filer)
10-Q - NEWPARK RESOURCES INC (0000071829) (Filer)
SCF Partners, Inc. ("SCF") is pleased to announce its acquisition of the Newpark Fluids Systems business ("NFS"), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE:NR). Newpark Fluids Systems provides a full range of drilling & completion products and related technical services supported by an innovative digital modeling software suite, global supply chain and infrastructure to enhance the efficiency and productivity of our customers' performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240913427560/en/ Newpark Fluid Systems' CEO, David Paterson, commented, "We
Newpark Resources, Inc. (NYSE:NR) ("Newpark" or the "Company") today announced that it has completed the sale of the Company's equity interests in substantially all of the Company's Fluids Systems segment ("Sale Transaction") to SCF Partners, Inc. ("SCF") a leading private equity firm serving the global energy industry. Under the terms of the Sale Transaction agreement, the base sale price of the business is $127.5 million, adjusted by $43 million to reflect lower estimated working capital conveyed at closing as compared to the average 2023 net working capital balance, accrued taxes and certain other liabilities, and $10 million of outstanding debt. Net Sale Transaction consideration is $5
Newpark Resources, Inc. (NYSE:NR) ("Newpark" or the "Company") today announced results for the three and six months ended June 30, 2024. SECOND QUARTER 2024 RESULTS (all comparisons versus the prior year period unless otherwise noted) Net income of $8.0 million, or $0.09 per diluted share Adjusted Net Income of $10.4 million, or $0.12 per diluted share Adjusted EBITDA +18% to $23.4 million Adjusted EBITDA margin of 13.1%, +230 basis points Total Debt of $58 million, Net Debt of $23 million and Net Leverage of 0.3x as of June 30, 2024 Second Quarter (In millions) 2024 2023 Change R
SC 13G/A - NEWPARK RESOURCES INC (0000071829) (Subject)
SC 13G - NEWPARK RESOURCES INC (0000071829) (Subject)
SC 13G - NEWPARK RESOURCES INC (0000071829) (Subject)
Analysts' ratings for Newpark Resources (NYSE:NR) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 2 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 0 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $10.75, a high estimate of $12.00, and a low estimate of $10.00. Witnessing a positive shift, the current average has
B. Riley Securities analyst Alex Rygiel maintains Newpark Resources (NYSE:NR) with a Buy and raises the price target from $10 to $11.
HC Wainwright & Co. analyst Amit Dayal reiterates Newpark Resources (NYSE:NR) with a Buy and maintains $12 price target.
HOUSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE:ORN) (the "Company"), a leading specialty construction company, announced today the appointment of Edward Chipman ("Chip") Earle as Executive Vice President, General Counsel, Chief Administrative Officer, Chief Compliance Officer and Corporate Secretary, effective November 27th. Mr. Earle will succeed Executive Vice President Peter R. Buchler, who is retiring from Orion after 15 years of service. Mr. Earle joins Orion from Newpark Resources, Inc. (NYSE:NR), a service provider to the industrial and energy sectors, where he was Vice President - General Counsel, Chief Administrative Officer, Chief Compliance Offi
THE WOODLANDS, Texas, Dec. 2, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE:NR) ("Newpark" or the "Company") announced today that Anthony J. Best, who has served as an independent member of the Company's Board of Directors (the "Board") since 2014, and Chairman of the Board since 2018, informed the Company that he has chosen not to stand for re-election and instead retire from the Board immediately following the Company's upcoming Annual Meeting of Stockholders in May 2023. No decision has been made by the Board regarding the succession of the Chairman position following Mr. Best's retirement. Effective upon Mr. Best's retirement, the Board has determined to reduce its size from eight d
THE WOODLANDS, Texas, April 4, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE:NR) ("Newpark" or the "Company") announced today that G. Stephen Finley, who has served as an independent member of the Company's Board of Directors (the "Board") since 2007, informed the Chairman of the Board that he has chosen not to stand for re-election and instead retire from the Board immediately following the Company's upcoming Annual Meeting of Stockholders in May 2022. Anthony J. Best, Chairman of Newpark's Board of Directors, stated, "We would like to thank Steve for his many contributions to Newpark during his fifteen years of service as a member of the Board. Steve's leadership and invaluable ins